Ten Square Games (WAR:TEN) ROA %: 14.24% (As of Mar. 2026) — 57% Below Median


WAR:TEN Ten Square Games SA WAR:TEN
82 GF Score
Price zł91.00
GF Value zł85.59
Valuation Fairly Valued
! 5 Warning Signs
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What is Ten Square Games ROA %?

Ten Square Games WAR:TEN -3.50% 82 ROA % is 14.24% as of Mar. 2026, which is 57% below its 10-year median of 33.48. GuruFocus rates WAR:TEN with a GF Score™ of 82/100 and a GF Value™ of zł85.59 (Fairly Valued). The stock has 5 warning signs investors should review. Among 568 Interactive Media companies, Ten Square Games ranks better than 90.32% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ten Square Games's annualized Net Income for the quarter that ended in Mar. 2026 was zł54.5 Mil. Ten Square Games's average Total Assets over the quarter that ended in Mar. 2026 was zł382.4 Mil. Therefore, Ten Square Games's annualized ROA % for the quarter that ended in Mar. 2026 was 14.24%.

The historical rank and industry rank for Ten Square Games's ROA % or its related term are showing as below:

WAR:TEN' s ROA % Range Over the Past 10 Years
Min: 3.11   Med: 33.48   Max: 105.65
Current: 16.69

During the past 9 years, Ten Square Games's highest ROA % was 105.65%. The lowest was 3.11%. And the median was 33.48%.

WAR:TEN's ROA % is ranked better than
90.32% of 568 companies
in the Interactive Media industry
Industry Median: 0.675 vs WAR:TEN: 16.69

Ten Square Games  (WAR:TEN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=54.452/382.3855
=(Net Income / Revenue)*(Revenue / Total Assets)
=(54.452 / 394.376)*(394.376 / 382.3855)
=Net Margin %*Asset Turnover
=13.81 %*1.0314
=14.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Ten Square Games ROA % Related Terms


Ten Square Games ROA % Historical Data

* Premium members only.

The historical data trend for Ten Square Games's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ten Square Games ROA % Chart

Ten Square Games Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 33.48 9.91 3.11 15.33 19.49

Ten Square Games Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.92 20.81 20.51 12.83 14.24

WAR:TEN vs NTES, EA, TTWO: ROA % Comparison

For the Electronic Gaming & Multimedia subindustry, Ten Square Games's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ten Square Games ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Ten Square Games's ROA % distribution charts can be found below:

* The bar in red indicates where Ten Square Games's ROA % falls into.


WAR:TEN
82GF Score
Ten Square Games SA WAR:TEN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ten Square Games ROA % Calculation

Ten Square Games's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=76.964/( (416.85+373.043)/ 2 )
=76.964/394.9465
=19.49 %

Ten Square Games's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=54.452/( (373.043+391.728)/ 2 )
=54.452/382.3855
=14.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 14.24% mean?
Ten Square Games (WAR:TEN) has a ROA % of 14.24% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ten Square Games and its competitors. This is 57% below median its historical median of 33.48. Over the past decade, Ten Square Games' ROA % has ranged from 3.11 to 105.65. According to the industry distribution chart, Ten Square Games ranks #55 out of 568 companies in the Interactive Media industry, placing it in the top 9.7%.
Is Ten Square Games' ROA % too high?
Ten Square Games' current ROA % of 14.24% is 57% below median its 10-year median of 33.48. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 105.65. The Interactive Media industry median ROA % is 0.68. Ten Square Games' value of 14.24% is 2009.6% above this industry median. Based on the distribution chart, Ten Square Games ranks #55 out of 568 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Ten Square Games has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ten Square Games' ROA % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Ten Square Games ranks #55 out of 568 companies for ROA %. This places Ten Square Games in the top 10% of its industry — outperforming the majority of peers. The industry median ROA % is 0.68. Ten Square Games' value of 14.24% is 2009.6% above this benchmark. Historically, Ten Square Games' own ROA % has ranged from 3.11 to 105.65 over the past decade. While the company's 10-year median is 33.48 vs. the industry median of 0.68, Ten Square Games has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ten Square Games's current ROA % of 14.24% is 2009.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ten Square Games and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ten Square Games's current ROA % is 14.24%, which is 57% below median its own 10-year median of 33.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Square Games stock overvalued right now?
Based on GuruFocus' analysis, Ten Square Games (WAR:TEN) is currently considered Fairly Valued. The stock's GF Value™ is zł85.59, compared to a current price of zł91.00 — trading 6.3% above its estimated fair value. The current ROA % is 14.24%, which is 57% below median its 10-year median of 33.48 and 2009.6% above the Interactive Media industry median of 0.68. Ten Square Games' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Ten Square Games (WAR:TEN), the current ROA % is 14.24% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ten Square Games (WAR:TEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ten Square Games stock appears to be overvalued. The current stock price of zł91.00 is trading 6.3% above its estimated GF Value™ of zł85.59. GuruFocus considers Ten Square Games to be Fairly Valued.

Key valuation signals for WAR:TEN:

  • ROA %: 14.24% (57% below median its 10-year median of 33.48)
  • GF Value™: zł85.59 vs. price of zł91.00 (6.3% above fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 2009.6% above the Interactive Media median (#55 of 568)

No single metric tells the full story. See the WAR:TEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ten Square Games Business Description

Other Exchanges 1HQ:Germany
Address Traugutta 45 Street, Wroclaw, POL, 50-416
Ten Square Games SA is a developer of free-to-play mobile games with a focus on hobby genres, including fishing, hunting, and aviation. The company's portfolio includes popular titles such as Fishing Clash, Hunting Clash, Real Flight Simulator, Trophy Hunter, Let's Fish, and Wings of Heroes. The company's source of revenue includes micro-payments, subscriptions, advertisement, and licenses. The company generates the majority of its revenue from the micro-payments.
82GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

zł91.00
Price
zł85.59
GF Value